💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Japan, South Korea vice foreign ministers to meet this week: Kyodo

Published 08/13/2019, 10:31 PM
Updated 08/13/2019, 10:36 PM
© Reuters.  Japan, South Korea vice foreign ministers to meet this week: Kyodo

TOKYO (Reuters) - Japanese and South Korean vice foreign ministers will meet this week to discuss the issue of forced World War Two laborers, Kyodo News reported on Wednesday, amid an escalating diplomatic and economic feud between the two Asian countries.

Takeo Akiba, Japan's vice minister for foreign affairs, and Cho Se-young, South Korea's first vice foreign minister, are likely to meet in Guam around Aug. 16-17, Kyodo said, citing unidentified sources.

A South Korean court ruling last year ordered Japanese firms to compensate some of their wartime forced laborers, while Japan says the claims have been settled by past agreements.

Since then, relations have deteriorated sharply with Japan imposing restrictions on exports to South Korea and removing Seoul from a favored trading nations list. Seoul has retaliated by deciding to drop Japan from a similar fast-track trade list.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.